Future Outlook And Stock Price Performance For AirNet Technology Inc ADR (NASDAQ: ANTE)

In the last trading session, 2.13 million shares of the AirNet Technology Inc ADR (NASDAQ:ANTE) were traded, and its beta was 1.38. Most recently the company’s share price was $0.51, and it changed around $0.02 or 4.83% from the last close, which brings the market valuation of the company to $7.30M. ANTE currently trades at a discount to its 52-week high of $2.90, offering almost -468.63% off that amount. The share price’s 52-week low was $0.26, which indicates that the current value has risen by an impressive 49.02% since then. We note from AirNet Technology Inc ADR’s average daily trading volume that its 10-day average is 13.84 million shares, with the 3-month average coming to 2.37 million.

AirNet Technology Inc ADR (NASDAQ:ANTE) trade information

Instantly ANTE has showed a green trend with a performance of 4.83% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 1.7800 on recent trading dayincreased the stock’s daily price by 71.35%. The company’s shares are currently up 7.41% year-to-date, but still down -37.28% over the last five days. On the other hand, AirNet Technology Inc ADR (NASDAQ:ANTE) is -1.70% down in the 30-day period. We can see from the shorts that 33075.0 shares have been sold at a short interest cover period of 0.31 day(s).

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 34.37%.

ANTE Dividends

AirNet Technology Inc ADR’s next quarterly earnings report is expected to be released on 2013-Mar-13.

AirNet Technology Inc ADR (NASDAQ:ANTE)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 1.40% of AirNet Technology Inc ADR shares, and 1.02% of them are in the hands of institutional investors. The stock currently has a share float of 1.04%.